Written by MOCA Systems, Inc., Principal, Construction Economist, Brandon Michalski, this quarter’s edition discusses how material prices have gone down, logistic issues have begun to resolve, and how the rest of 2024 looks.
Written by MOCA Systems, Inc., Principal, Construction Economist, Brandon Michalski, this quarter’s edition discusses how the construction market has continued to reflect strong fundamentals with some indicators softening.
Written by MOCA Systems, Inc. Chief Economist Tom Sanders, this quarter's edition discusses labor as it continues to be a cost driver.
Written by MOCA Systems, Inc., Chief Economist Tom Sanders, this quarter’s edition discusses the soft landing we should expect instead of a recession.
Written by MOCA Systems, Inc., Chief Economist Tom Sanders, this quarter’s edition examines raging inflation and its impact on construction pricing.
Written by MOCA Systems, Inc., Chief Economist Tom Sanders, this quarter’s edition examines the state of labor availability and its impact on construction pricing.
Written by MOCA Chief Economist Tom Sanders, this quarter’s edition highlights the persistently high inflation and its continued impact on construction pricing.
Written by MOCA Chief Economist Tom Sanders, this quarter’s edition highlights the remarkable strength in the nonresidential construction market, even in the face of continually high inflation.
Despite being challenged by constrained construction supply chains, a decrease in skilled labor pools, and inflationary pressures, the construction industry remains upbeat and forecasts are for continued spending increases and job growth.
Compromised supply chains and labor availability challenges have driven costs up, but the new Infrastructure bill and sustained industry confidence will likely keep the recovery on track.